Ethereum Price Rally Challenged by Data: Analyst Sees ‘No Demand’ for ETH

Ethereum’s recent price surge may be built on shaky ground, according to analyst ‘Crypto Lion’ in a ‘Quicktake’ on blockchain analytics platform CryptoQuant. The analyst cautioned that a correction could be imminent, citing data that suggests a lack of genuine demand for Ether, despite recent gains driven by the approval of ETH ETFs. Crypto Lion The post Ethereum Price Rally Challenged by Data: Analyst Sees ‘No Demand’ for ETH appeared first on Coin Edition .

Source: Coin Edition